Cornerstone Home Lending Inc. Mortgage Complaint

Conventional fixed mortgage Loan servicing, payments, escrow account

Cornerstone Home Lending Inc. Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account New Mexico

My mortgarge was sold from - - - - - immediately to Cornerstone Lending. My first issues began when I paid my shortage amount in - 2015. I paid in plenty of time for it to be applied to my account. My bank statement showed Cornerstone cashed my check on - -. I called to make sure the payment had been applied, I was told it had not been as of -/-/-. I had to call back in a few days to make sure, which I did. I was told a few days later that the amount was applied and my new payment would be -. They did not credit my account which resulted in the wrong amount being withdrawn in -. My bank statement showed - being deducted. I called again and was told they would apply the extra amount, over - to my principal per my request and that my - payment would be -. I then, -., received a letter stating they had not received my payment of - and my -/-/- payment was late. I called and spoke to - who said, no, that was incorrect, my payment had been received ; I have autodraft, and


it connected, asking me to call Cornerstone. I called and was told my - payment had not been recieved. I had to call my bank so they could send a letter verifying the payment had been made. Again, I have autodraft. I asked to talk to a supervisor. I spoke to - who said my - payment had been applied to my principal, so no payment was made in -. I am losing my patience with this company! I got another letter today stating they had assessed a late fee and my payment for - is $1500.00! I can not take this anymore. Please help.

Cornerstone Home Lending Inc. customer in New Mexico
Feb 26, 2016

* Source: CFPB Complaint Database

Cornerstone Home Lending Inc. response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Cornerstone Home Lending Inc.Complaint HistoryComplaints11/20132/20144/20155/20157/201511/20152/20164/201611/201600.511.522.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Cornerstone Home Lending Inc.Loan servicing, payments, escrow account91.7%8.3%Closed with explanationClosed with monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLoan servicing, payments, escrow account2.3%80.3%4.0%5.8%1.1%5.1%1.2%0.2%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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